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BRL to HOOK price chart
BRL to Hooked Protocol exchange rate
About Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The real (BRL) is the official currency of Brazil. It is issued by the Central Bank of Brazil. Introduced in 1994 to replace the cruzeiro amid hyperinflation, the real is subdivided into 100 centavos. Brazil has the world's eighth-largest economy, and the real plays a significant role in global markets. It is a floating currency, and as of recent years the real ranked as the 20th most-traded currency in the world. Domestically, the real is used for all financial transactions in Brazil. Its value reflects both Brazil's large internal market and the country's extensive exports of commodities like soy, iron ore, and oil.
What Influences Fluctuations in the Brazilian Real?
The real is sensitive to a range of economic factors. As a freely floating currency, its value changes with market forces such as Brazil's economic performance, inflation, and interest rates. Commodity prices–especially agricultural and energy products–can affect Brazil's export revenues and thus the demand for reais. Political developments and investor confidence also play a role. The Central Bank of Brazil actively manages inflation, but because the BRL is floating, exchange rates are largely determined by supply and demand on the open market. In practice, periods of economic growth and strong commodity prices often strengthen the real, while recessions or political uncertainty can lead to depreciation.
How to convert Brazilian Real to Hooked Protocol
Hooked Protocol price conversion tables
Brazilian Real | |
|---|---|
1 | 0.00339 |
2 | 0.00678 |
3 | 0.01017 |
5 | 0.01695 |
10 | 0.0339 |
25 | 0.08475 |
50 | 0.1695 |
100 | 0.339 |
1,000 | 3.3903 |
Brazilian Real | |
|---|---|
1 | 294.9575 |
5 | 1,474.7877 |
10 | 2,949.5754 |
20 | 5,899.1508 |
50 | 14,747.8771 |
100 | 29,495.7543 |
200 | 58,991.5086 |
500 | 147,478.7715 |
1,000 | 294,957.543 |
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Brazilian Real to Hooked Protocol performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:46 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 290.5287 HOOK | 292.3121 HOOK | -0.62% |
| 5 BRL | 1,452.6438 HOOK | 1,461.5609 HOOK | -0.62% |
| 10 BRL | 2,905.2876 HOOK | 2,923.1218 HOOK | -0.62% |
| 50 BRL | 14,526.4381 HOOK | 14,615.6094 HOOK | -0.62% |
| 100 BRL | 29,052.8762 HOOK | 29,231.2189 HOOK | -0.62% |
| 1,000 BRL | 290,528.7623 HOOK | 292,312.1894 HOOK | -0.62% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:46 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 290.5287 HOOK | 51.3874 HOOK | +82.31% |
| 5 BRL | 1,452.6438 HOOK | 256.9373 HOOK | +82.31% |
| 10 BRL | 2,905.2876 HOOK | 513.8746 HOOK | +82.31% |
| 50 BRL | 14,526.4381 HOOK | 2,569.373 HOOK | +82.31% |
| 100 BRL | 29,052.8762 HOOK | 5,138.7461 HOOK | +82.31% |
| 1,000 BRL | 290,528.7623 HOOK | 51,387.4614 HOOK | +82.31% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:46 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 290.5287 HOOK | 3.4806 HOOK | +98.80% |
| 5 BRL | 1,452.6438 HOOK | 17.4034 HOOK | +98.80% |
| 10 BRL | 2,905.2876 HOOK | 34.8068 HOOK | +98.80% |
| 50 BRL | 14,526.4381 HOOK | 174.03411 HOOK | +98.80% |
| 100 BRL | 29,052.8762 HOOK | 348.06822 HOOK | +98.80% |
| 1,000 BRL | 290,528.7623 HOOK | 3,480.6822 HOOK | +98.80% |